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ArmInfo. Russian resettlers, whose number in Armenia, according to various sources, is estimated from 80 to 100 thousand people, not only contributed to high "statistical" economic growth and low "estimated" inflation in the country, but also made it possible to significantly strengthen the resources of the Armenian banking system.  However, Armenia, having benefited from both people and capital, has appeared under the powerful sanctions lens of the Western countries, which is seriously concerned about the possibility of circumvention of anti-Russian sanctions by countries friendly or neutral to Russia. Armenian banks were immediately warned that they must strictly follow the international regulations against the legalization of proceeds from crime (money laundering) and put up serious barriers to clients' attempts to circumvent anti-Russian sanctions in the course of trading activities.  By and large, by March last year, Armenian banks were not ready for such a turn, and therefore they began to actively implement the so-called compliance control and its tough “barrier” tools.

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ArmInfo.Armenia's Minister of Territorial Administration Gnel Sanosyan and Vice-Premier of Belarus  Piotr Parkhomchik discussed on Tuesday Belarusian companies' participation in construction projects in Armenia.  

ArmInfo. "Rostelecom" decided to actively develop the Armenian GNC-Alfa operator, the issue of sale  was removed from the agenda. This, as reported by Interfax, was reported to journalists by president of the largest Russian telecom operator, Mikhail Oseevsky.

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ArmInfo. The services sector remains the main driver of economic growth in Armenia.  Inflation remained unchanged  in February. The negative balance of merchandise trade declined against the backdrop of faster growth in the value of exports over  imports. The course of dram has risen. This is stated in the March "Macro Review", prepared by analysts of the Eurasian Development Bank  (EDB).

ArmInfo.February 2023 saw signs that the risk of recession in the global economy had subsided. Global business  activity livened up in February compared to the previous month, with the composite PMI rising to 52.1 points - above the 50-point  threshold for the first time since July 2022. China's abandonment of its zero-COVID policy has been an important factor in supporting  business activity globally and in EDB countries.

ArmInfo.On January 26 this year,  "MTS Armenia" telecommunication company applied to the RA Public  Services Regulatory Commission (PSRC) to obtain permission to buy and sell shares. The information was confirmed to ArmInfo by PSRC press  secretary Liana Azizyan.

ArmInfo.Turkey suddenly stopped the transit of sanctioned goods to Russia. The customs system blocks  the transit clearance of goods of non-Turkish origin.  Such a move came as a surprise to the market, its participants, who are urgently  looking for alternative routes, told Kommersant FM. According to them, exactly those goods, which go to Russia through parallel  import, were blocked.

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ArmInfo.The Eurasian Economic Union (EAEU) is Armenia's principal partner, Aram Safaryan, Coordinator of the Eurasian Expert Club, stated at a press conference  on Wednesday. 

ArmInfo.Fitch Ratings has revised the Outlook on Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at  'B+'. This is noted in the Fitch report, which also provides an  improved estimate of Armenia's GDP growth for 2022 to 11.6%, with a  further slowdown in 2023 to 6.1% and in 2024 to 4.7%.

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ArmInfo. Industrial cooperation projects may only be launched after the start of the new funding format. Answering the question of ArmInfo news agency about  the lack of projects on industrial cooperation in the EAEU, Iya  Malkina, Assistant to the Chairman of the Eurasian Economic  Commission (EEC) Board, said during a briefing following the meeting  of the Eurasian Intergovernmental Council. In this vein, she noted  that the projects may be launched no earlier than  2024.

ArmInfo.The development of digital economy has remained one of the top priorities for Armenia, Armenia's Premier Nikol Pashinyan stated at the Digital Almaty:  digital partnership in new reality.  

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